A student loan is basically designed for the needy students who need money for the continuation of their studies. Studnet Loan is a form of loan that is most easy to get. Most of the banks and loan companies facilitate students as much as they can so that they could raise their business.
There are some reasons behind the easy student loan, banks trust the students, they know that these students are working hard to excell their career and they believe that students loan repayment will be possible when they will enter into their proffessional life so they don't have strict restrictions of students for repayment. Most of Student Loan Comapnies offer student to repay the student loan when they start earning so you don't need to worry to repay the student loan.
A large number of students are really in need of Student Loan but they don't try to get it. Actually, they have a lack of information, they don't know which bank offer student loan in their areas, city, state or country. And they don't try to get information about it.
Second reason is mostly students hasitate to get a student loan because they do not beleive in banks that they will offer them loan easily or they are afraid that they will be in trouble for student loan monthly repayment or in case of student loan bankruptcy.
All this is actually the lack of information, you should not worry about it. Actullay, banks are also bound with state for these type of loan, they can not create strict conditions of student loan or they can not ask customer for student loan clearance. Please see the related posts for more information.